Insurance Actuarial Investment Consultant – London

The Mercer Insurance Solutions team has a mandate to grow both the Advisory and the Insurance Solutions business across the International Region i.e. global ex-US.  The team works with all types of insurers – life, non-life, health and captive insurers, as well as reinsurers. You will play a leading role in growing Mercer’s business with insurance clients with the aim of retaining and increasing existing revenues and acquiring new business, with a particular focus on investment implementation. The role covers project delivery, business development and proposition development.

We will count on you to:

Work collaboratively with the other Marsh & McLennan operating companies Marsh, Guy Carpenter and Oliver Wyman in offering solutions to insurance clients

Provide strategic investment advice to a portfolio of insurance clients including but not limited to asset allocation, portfolio structuring, investment risk optimisation and implementation

Gain and maintain confidence of Delegated Solutions and group-wide distribution teams, collaborating to source and close new business opportunities

Design and deliver high quality investment solutions supporting proposals, presentations, RFPs & RFIs

Be the insurance-investment expert in client pitches and business development activities, working alongside local distribution colleagues

Lead project teams or act as a senior resource for the largest projects. Delegate work to analysts, provide guidance and peer review, and act as a coach/mentor to junior colleagues.

Maintain and check technical accuracy, reasonableness of own work and others

What you need to have: 

Actuarial qualification – ideally fully qualified although part qualified actuaries may also be considered

Background in an investment or market risk role predominantly focused on insurers – gained through working in-house at an insurer, asset manager or consultancy

Excellent technical understanding of insurance investments

In-depth knowledge of insurers’ assets and liabilities; ability to construct optimal and practically implementable asset strategies to meet clients’ objectives

Strong analytical and quantitative experience of modelling, risk analysis, stress and scenario analysis on insurance products/portfolios

Contribute to Mercer’s publications for insurers and participate in Mercer-hosted insurance client events and related marketing activities

High degree of commercial awareness and confidence to effectively orchestrate outcomes through other teams and specialist groups

What makes you stand out:

Blending a strong actuarial skillset with a broader commercial focus recognising the material growth plans and expectations for the insurance business

Able to demonstrate material flexibility in approach and being able to thrive in a role where solutions and services are continually being evolved

Experience of interacting with senior stakeholders at insurers e.g. Investment Committees and Boards

Why join our team:

We help you be your best through professional development opportunities, interesting work and supportive leaders.

We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.

Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Mercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $23 billion and more than 85,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit mercer.com, or follow on LinkedIn and X.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at reasonableaccommodations@mmc.com.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.